Tag Archives: Economic Daily Outlook

FRIDAY, MAY 4, 2012 ECONOMICS: Jobs Report Will Provide Fodder for Campaigns (Wall Street Journal) By Laura Meckler and Sara Murray Politically speaking, Friday’s unemployment report will boil down to a simple set of numbers: two men, one job. Mitt Romney and President Barack Obama’s campaigns will be combing the figures on April job growth … Continue reading →

THURSDAY, MAY 3, 2012 ECONOMICS: Treasury: Tax receipts not changing deadline on $16.4T debt limit (The Hill) By Peter Schroeder Lawmakers will not have to re-fight their epic battle over raising the debt ceiling until after the November elections, according to the Treasury Department. April tax receipts have not moved Treasury’s debt-ceiling target date, and … Continue reading →

WEDNESDAY, MAY 2, 2012 ECONOMICS: Growth in Manufacturing Is Highest in Almost a Year (New York Times) By The Associated Press Manufacturing grew last month at the fastest rate in 10 months, suggesting that the economy is healthier than recent data had indicated. New orders, production and a measure of hiring all rose. The April … Continue reading →

MONDAY, APRIL 30, 2012 ECONOMICS: Housing Ends Slide but Faces a Long Bottom (Wall Street Journal) By Nick Timiraos Nearly six years after home prices started falling, more U.S. housing markets appear to be nearing a new phase: a prolonged bottom. Hitting a bottom, of course, isn’t the same as a full-fledged recovery, which is … Continue reading →

FRIDAY, APRIL 27, 2012 ECONOMICS: U.S. Firms Add Jobs, but Mostly Overseas (Wall Street Journal) By Scott Thurm Thirty-five big U.S.-based multinational companies added jobs much faster than other U.S. employers in the past two years, but nearly three-fourths of those jobs were overseas, according to a Wall Street Journal analysis. Those companies, which include … Continue reading →

THURSDAY, APRIL 26, 2012 ECONOMICS: Fed Cuts U.S. Growth Forecast for 2013 and 2014 (New York Times) By Binyamin Appelbaum The Federal Reserve chairman, Ben S. Bernanke, on Wednesday dismissed proposals to escalate the Fed’s economic stimulus campaign as “reckless,” arguing that the costs would be high and the benefits uncertain. Mr. Bernanke spoke after … Continue reading →